Commercial mortgages & Commercial remortgages

A commercial mortgage is similar to a residential mortgage, except the security for a commercial mortgage is a commercial building. A commercial mortgage can be taken out by an individual or a company depending on how you want the commercial mortgage to be set up.

We are able to arrange lending for commercial mortgages or commercial remortgages up to 75% LTV with no additional security, with rates from 3.25% above base rate,   if you are able to provide an additional security for the commercial mortgage i.e. your home or an investment property, then we could arrange a commercial mortgage up to 100% of the value.

Examples of commercial properties accepted for commercial mortgages:

Freehold public houses
Offices
Convenience stores and retail units
Factories and warehouses
Land
 HMO (Houses in multiple occupancy)
 Nursing homes
Industrial units
Care homes
Flats under one freehold title
Owner occupation
Investment purposes

We can also arrange commercial mortgages for residential portfolios or individual buy to let, we can either arrange a single commercial mortgage over more than one property or we can arrange the commercial mortgage on each individual property, the benefit of arranging a commercial mortgage on a residential property portfolio is that a commercial mortgage will generally carry lower arrangement fees, you have the ability to have a single commercial mortgage account spread across the whole portfolio and the commercial mortgage rental calculation can sometimes carry a favourable calculation over the conventional buy to let mortgage.

Visit our FAQ section for more details of our commercial processes, or contact us on 0800 612 3167